Closure

POSB Account Closure reasons in DOP Finacle

Ref. Code Long Ref. Code Ref. Description AB2   SCSS CLOSURE ABOVE 2 YEARS BT1   SCSS CLOSURE BETWEEN 1-2 - YEAR CLCOD   CLOSURE BY COURT ORDER CONTR MSSC CONTR MSSC - CONTRAVENTION OF RULES DTCLM   DEATH CLAIM EXP   EXCEPTIONAL CLOSURE FORFT   For…

PREMATURE CLOSURE OF TIME DEPOSIT (TD) ACCOUNTS

PREMATURE CLOSURE OF TIME DEPOSIT ACCOUNTS (1) The premature withdrawal of a Time Deposit can be allowed six months after opening of account. If account is closed between 6 months and 1 year, interest at the rate of Savings Account fixed from ti…

NSS 87/92 CLOSURE IN DOP FINACLE

All NSS Accounts are by Default Frozen Accounts. 1.Invoke HAFSM menu to unfreeze the account 2.Enter A/C ID 3.Function - Unfreeze 4.Click on GO(F4) 5.Select the Account ID 6.Click on SUBMIT(F10) 7.Verify the same in the same menu in su…

Closure of TD/MIS/SCSS Account Menu Modified in DOP Finacle

Closure of TD/MIS/SCSS Account Menu Modified in DOP Finacle TD / MIS / SCSS accounts closure menu has been modified to accept on 0340 or SB account only as repayment account. In the case of BO accounts also, closure value will be credited to 03…

Trail Closure for SB and PPF Accounts in Finacle

Trial closure for SB and PPF accounts Menu : HACACCR / HAITINQ / HPR There is no Trial Closure for SB and PPF. However, to see closing interest, following process is to be followed:- It involves two components-Closing accrued Interest for …

Various Accounts Closure in Finacle

SB ACCOUNT CLOSURE: Before account closure, withdraw the entire sum and make the balance zero In case of cheque account, select all the unused cheques and then destroy them. To close the SB account: Menu Option HCAAC Select ‘Close’ Enter …

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